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infosys: New H-1B visa rules could impact US innovation, job economy: Nasscom

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The new H-1B visa rules could have ripple effects on America’s innovation ecosystem and the wider job economy, said Indian IT industry body Nasscom on Saturday. The statement comes in the backdrop of a new executive order by the Trump administration hiking the fees for H-1B visas to $100,000.

The decision will also impact Indian nationals on H-1B visas working for global and Indian companies, Nasscom said in a statement. India’s technology services companies will also be impacted as business continuity will be disrupted for onshore projects, which…

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